Sunday, May 29, 2022

Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist

Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,” the economist stressed. Economist Mohamed El-Erian discussed where the U.S. economy is headed […] The post Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist first appeared on PR Business News Wire.
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